Water Corporation chairman Mike Hollett has tendered his resignation, citing business and family interests, just two months after being reappointed to the role. Deputy chair David Lock will act in the role until a permanent chair is appointed.
Private investment group Sirona Capital has been split in two, with founding director Kelvin Flynn establishing a new business named Harvis with a focus on real estate, agriculture and infrastructure financing.
Sydney-based investor Rob Nichols has teamed up with Singapore-based investment fund GIC to buy the assets of Perth company National Lifestyle Villages following a review led by Sirona Capital director Kelvin Flynn, who has run NLV since October last year.
Fleetwood Corporation has boosted its manufactured housing portfolio after facing pressure from activist investor and substantial shareholder Sandon Capital Investments to bolster its performance.
National Lifestyle Villages is planning a major expansion after signing an innovative $150 million partnership deal with Blackstone, the second international private equity group to back the Perth business.
Growing demand for quality apartments and resort-style living in Karratha is providing an increasingly lucrative niche for property developers and investors.
Perth company NLV Group, best known for its National Lifestyle Villages, has added a fourth division to its business with the acquisition of Velocity Villages.
Retirement village developer National Lifestyle Villages is putting the final touches to the design of its new flagship lifestyle village at 891 Mandurah Road, Rockingham.
The average age of the residents in standard retirement villages in Australia is 79 years, but at National Lifestyle Villages the residents' average age is 59 years.
National Lifestyle Villages (NLV) has set its sights on establishing 100 self-contained villages across Australia that will house up to 40,000 people over the next 20 years. And it's well and truly on the way to achieving that goal.
